Dr. Rick C. Ernst
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Luxury Consumers

American Consumers in 2013 Most Upbeat Since Before Recession
www.bloomberg.com

“Consumers were somewhat uneasy in the latest week, however, record stock market evaluations and increased job creation has bolstered confidence levels from relatively low levels,” said Richard Yamarone, a senior economist for Bloomberg LP in New York …

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Opinion GCC 2013 Round Up: Retail
gulfbusiness.com

In Abu Dhabi, major investments in infrastructure, universities, arts and cultural events are taking place and consumers are demonstrating an appetite for luxury concepts. Kuwait is the second most attractive country in the region for international brands.

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Half of us have left gift vouchers expire
www.independent.ie

The National Consumer Agency (NCA) has warned recipients of gift vouchers and gift cards to redeem them as quickly as possible, after discovering that 48pc of people let them expire. The agency said that using them promptly also lowered the risk of the …

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10 trends changing how you'll shop in 2014
theweek.com

Still, today's consumer is not the same debt-laden, luxury-lusting, frequent shopper that hit the malls back in 2008. More than 70 percent of shoppers still feel like they're in a recession and are shopping less than they did five years ago, according …

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Scarred US Consumers a Hard Sell for Traditional Retail
www.voanews.com

According to the National Association of Realtors, more than half of home buyers between July 2012 and June 2013 made some sacrifices, such as reducing spending on luxury items, entertainment and clothing. “Pent-up demand has helped on housing and …

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Analysis: Scarred US consumers a hard sell for traditional retail
www.reuters.com

The figures include apparel, jewelry, electronics, luxury goods and home furnishings. "Given how promotional the season turned out to be, profits are likely to be flat because retailers had to provide quite a lot of discounts to get those sales," said …

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Allurez Announces Expansion Plans to Fulfill Growing Consumer Demand
www.prweb.com

Based in New York City and serving customers around the globe, Allurez Jewelers is a rising star in the field of luxury ecommerce. Allurez was recently ranked as the number one online-only jewelry retailer by TopTenReviews.com, and placed in the top …

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Chanel is 2013 Luxury Marketer of the Year
www.luxurydaily.com

Chanel is Luxury Daily's 2013 Luxury Marketer of the Year for the measured attention it paid to multiple consumer segments, its strong use of video and its advertising flair in luxury publications. The French fashion house won over first runner's-up …

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5 Things to Watch: Business in China in 2014
blogs.wsj.com

Luxury brands have been caught up in Beijing's anticorruption campaign. China has never been an easy place to do … China's efforts to empower consumers have been frustratingly slow, but the progress is there. Into this upcoming uncertain Year of the …

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